Duke  University  Libraries 


D03212486Q 


Ptu, 


Aozf 


COMMUNICATION 


of  Tin: 


SECRETARY  OE  THE  TREASURY. 


Treasury  Department,  0.  S.  A., ) 

Richmond,  January  23,  1863.      $ 

Hon.  Thomas  S.  Loco  k, 

Speaker  of  the  House  of  Representatives,  C.  S.  A. : 

Sir:  In  answer  to  the  resolution  of  the  House  of  Representatives, 
requesting  the  Secretary  of  the  Treasury  to  report  as  soon  as  practi- 
cable, "  the  amount  of  treasury  notes  of  each  class  and  description, 
and  also  the  amount  of  bonds  of  the  Confederate  States,  bearing  eight 
per  cent,  interest,  and  also  of  like  bonds  bearing  six  per  cent, 
interest,  issued, and  outstanding  on  the  13th  day  of  October  last,  and 
on  the  first  day  of  each  month  thereafter,  also  the  amount  of  each 
class  of  treasury  notes  and  bonds  issued  during  each  of  the  said 
months,  also  at  "what  date  the  issue  of  treasury  notes,  fundable  in  the 
8  per  cent,  stock  ceased,  and  whether  the  new  issue  authorized  by  the 
act  of  November  13,  1SG2,  shows  on  its  face  that  it  is  fundable  in  a 
seven  per  cent,  stock."  I  herewith  enclose  a  statement  from  the  Reg- 
ister of  the  Treasury,  giving  the  information  asked  for  in  the  first  part 
of  the  resolution.  The  funding  of  treasury  notes  in  eight  per  cent, 
stock,  will  by  public  advertisement  from  this  Department,  cease  on 
and  after  the  22d  day  of  April  next.  All  treasury  notes  issued  under 
the  authority  of  the  act  of  October  13,  1862,  which  I  presume  is  the 
act  intended  by  the  resolution,  show  on  their  face  that  they  are 
"  fundable  in  stock  or  bonds  of  the  Confederate  States  "  without  spe- 
cifying the  rate  of  interest.  It  was  thought  best  in  making  new  plates 
that  they  should  be  so  contrived  as  not  to  require  change  in  case  Con- 
gress should  see  fit  further  to  reduce  interest. 

Respectfully, 

C.  G.  MEMMINGER, 
Secretary  of  Treasury. 


Treasury  Department,  Register's  Offh  e, 

Richmond,  January  23,  1SG3. 


Hon.  C.  G.  Memminger, 

Secretary  of  Treasury: 

Sir  :  In  compliance  and  with  reference  to  resolution  of  the  House 
of  Representatives,  passed  January  16,  1 86 S,  herewith  returned,  I 
have  the  honor  to  enclose  statements,  exhibiting  ''the  amounts  of 
treasury  notes  of  each  class  and  description,  and  also  the  amount  of 
bonds  of  the  Confederate  States  bearing  eight  per  cent,  interest,  issued 
and  outstanding  on  the  13th  day  of  October  last,  and  on  the  1st  day 
of  each  month  thereafter;  also  the  amount  of  each  class  of  treasury 
notes  and  bonds,  issued  during  each  of  the  said  months." 


I  am,  very  respectfully, 


(Signed,; 


RO.  TYLER, 
Register 


-•f-Q  rr*^> 

5> 


Register's  Office,  Jan:  21,  1863, 

Statement  exhibiting  amount  of  stock  and  bonds  issued  under  the 
several  acts  of  Congress,  embraced  within  the  following  periods, 
to  wit : 

Act  of  February  28,  1861. 
Issued  to  October  13,  1862,  $14,987,000 

Act  of  May  16,  1861,   {convertible.) 

Issued  to  October  13,  1862,  $5,944,300 

"     from     "        "       "     to  31st  inclusive,       122,700 
"       "  November  1,  "      "  30th       "  195,800 

"       "  December  1,  "      "  31st       "  151,500 


$6,414,300 
Redeemed  to  December  31,  1862,  237,100 


Amount  outstanding,  $6,177,200 

Act  of  August  19,  1861. 

Issued  to  October  13,  1862,  $41,273,500 

"     from     "         "       "     to  31st  inclusive      4,471,550 

"     November  1st,  1862,  to  30th  in- 
clusive, 12,427,050  ' 

Issued  from  December  1st,  1862,  to  31st  in- 
clusive, 9,413,000 


Anount  outstanding,  $67,585,100 

Act  of  December  24,  1861,  {six  per  cent,  convertible.) 

Issued  to  October  13,  1862,  •  $57,526,570 

Redeemed  to  October  13,  1862,  6,049,400 


Outstanding  to  October  13,  1862,  $51,477,170 


Issued  to  November  1,  1862,  $61,417,570 

Redeemed  to  November  1,  1862,  8,049,400 


Outstanding  to  November  1,  1862,  $53,368,170 


Issued  to  December  1,  1862,  $63,688,470 

Redeemed,  12,516,400 


Amount  carried  forward,  $88,749,306 


Amount  brought  forward.  $S8,749.300 

Outstanding  to  December  1,  18  $51,172,070 


Issued  to  January  1,  1863, 

Redeemed  to  January  1,  1863,  12,516, 


Outstanding  to  January  1.1  $56,490,470 

d from  October  IS,  to  H  (,891,000 

Issued  from   November    I,  to  December  1, 

1862,  2,270,900 

Issued  from  December  1.  to  January  1, 1863,  5,318,400 

Issued  from  October  13,  to  January  1.  1863,  11,480,300 


Total  outstanding,  January  1,  1863,  $145,239,770 


RO.  TYLER, 

Regisft  i'. 

Note. — The  discrepancy  between  the  amount  of  May  16,  1861, 
outstanding  as  shown  by  the  above  statement,  and  the  report  of  the 
Secretary  of  the  Treasury,  occurs  by  not  including  in  the  latter 
statement,  $237,100  redeemed, as  the  records  of  this  office  do  not 
show  the  actual  redemption,  but  an  advance  of  that  amount  for  that 
purpose.     In  the  present  statement  it  is  treated  as  redeemed. 

The  difference  of  $1,500,  six  per  cent.  Act  of  December  24,  1861, 
has  been  discovered  since  the  1st  of  January,  upon  proving  the  books. 
The  amount  of  this  statement  is  correct. 


STATEMENT  showing  the  amount  of  Treasury  Notes  issued  under  the 
several  Acts  respectively,  authorizing  the  same,  to  the  ISth  day  of  Octo- 
ber, 1862,  to  the  SUt  of  October  1862,  inclusive,  to  the  SQth  of 
November,  1862,  inclusive,  and  to  the  S\st  of  December,  1862,  inclu- 
sive.    Also  the  amount  redeemed  and  outstanding  to  the  above  dates. 


To  October  1. '5.  18G2. 


Issued. 


2. 021,  (Hid 


Redeemed. 
909,60(1  00 


Act  of  March.'.*,  1861.     Interestbearing  notes,  (3*65) 
Art  of  May    10,    1801.     Notes   payable    two  years' 

after  date I  17,347,955    5,958,980  00    11,389,02500 

Aot  of  August  19, 1861.     General  currency ':  2*1,361,835          1,790  00  211,360,045  00 

Act  ef  April  17, 1862.     Interest  bearing  notes,  (7.30)       60,280,000  '  60,280,00000 

Aet  of  April  17,  1802.     Denomination  of  $1  and  $2         3,189,000  j     3,189,000  00 


Outstanding. 
1.11 1,400  01) 


To  October  31,  1862.  inclusive. 
Act  of  March  9,  1801.     Interest  bearing  notes,  (3.65) 
Aet  of  May    16,    1801.     Notes   payable    two   years 
after  date 


$294,199,790    6,870,320  00  287,329,470  00 


2,021.000 


938,400   00;      1,082.000  0(1 

I 


17,347.955  6,081,630  00    1 1.200. 325  00 

Aet  of  August  19,  1861.     General  currency 2:;  I. :;.'.:;. 885  1,166,245  00  280,188,590  00 

Act  of  April  17.  1862.     Intent  bearing  notes,  (7.30)       70,860,000 ." 70,360,00900 

Aol  of  April  17,  1862.     Denomination  of  $1  aDd  $2         3,933,200  3,933,200  00 


To    November  30.  1862.  inclusive. 

Act  of  March  9, 1861.     Interest  bearing  notes,  (3.65) 

Act  of  May    10,    1861.     Notes   payable   two   years 

aficr  date ' 


$328,015,990  11,185,275  00 


2,021,000      '.1.01,050  Oi 


116,830,715  oo 


1,069,950  00 


Act  of  August  19,  1861.     General  currency 273,292,555 


17,347,955  6,277,430  00]  11.070,525  00 


Act  of  April  17, 1802.     Interest  bearing  notes,  ( 7 . 3 0 ) j 
Act  of  April  17,  1802.     Denomination  of  $1  and  $2| 


88,200,000 
4,842,400 


To  December  31,  1802.  inclusive 
Aot  of  March  y.lSOl.     Interest  bearing  notes.  (3.05) 
Act  of  May    10,    1861.     Notes   payable   two   years 

:t  t'tcr  date 

Act  of  August  19,1861.     General  currency 

Aet  of  April  17,  1802.     Interest  bearing  notes,  (7.30) 
Act  of  April  17,  1802.     Denomination  of  $1  and  $2 

Act  of  October  13,  1S02.     General  ourrenc*" 

Ael  of  October  13.  1802.     Denomination  of  $land$2 


$385,703,910 

2.021,000 


15,560,195  501257,732.359  50 

88,200,000  00 

'     4,842,400  lit) 


22.788,075  50  362,915,234  50 


1,029,100  00        991,900  00 


17,347,955    6,428,930  00    10,919,02500 


201.882,555 

120,800.000 

5,573,800 

2.548.000 

505,200 


22,735,467  50|269,1 47,087  50 
120,800,000  00 

5. 57.".. 800  00 
2,518,0(10  00 

505,200  00 


$440,678,510  30,193,497  50410,485,012  50 


STATEMENT  of  the  amount  of  Treasury  Notes  issued  to  the  13M  day 
of  October,  18G2,  from  13///  to  SUtqf  October,  1862,  inclusive,  from 
November  \st  to  November   SQth,  1862,    inclusive,  and  from  December 

1st  to  3  Is/,  1S62,  inclusive. 


To  October  18,  1863. 

Act  of  March  9.  1861.     Interest  notes,  (3.65) j    $2,021,1 

Act  of  May  16,  1861.     Notes  payable  two  years  afterdate '     17,347,955  00 

Act  of  August  19,  1861.     General  currency 211,361,835  00 


Act  of  April  I' 

Act  of  April  l< 


1862. 
1862. 


Interest  do'os,  i  7.30) 

imination  of  $1  ai 


60,280,000  mi 
3J180,000  mi 


From  October  13  to  31,  inclusive. 

Act  of  August  10,  1881,     General   currency 

Act  of  April  17.  1862.     Interest  aol  «,  (7.30) 

Act  of  April  17.  1862.    Denomination  of  $1  and  (2 


From    November    1    to   SO,  inclusive. 

Act  of  August  10.  1861.     General  currency 

Act  «f  April  17,  1862.     Iuterest  notes,  (7.30) 

Act  of  April  17.  1SG2.  fcland$2 


$294,105 


From    December  1    to  31,  inclusive. 

Act  of  August  19,  1861.     General  ourrtney 

Act  of  April  17.  L882.      Interest  notes,  (7-30) 

Act  of  April  17.  1SG2.     Denomination  <>f  $1  and  (2 

Act  of  October  13,  1862.     General  currency 

Act  of  October  13,  1SG2.     Denomination  of  si  and  $2., 


$22,992,000  06 

L0,080,000  DO 

744,200  00 

$33,816,200  00 

720  00 

17,J  10,000  00 

,200  I  ii 

$57,687,920  00 


$18,590,000  00 

32,600,000  mi 

731,400  00 

2,548,000  mi 

,200  00 

$5-1, 974  GOO  00 


tfoTK. — The  ditcrepanoy  between  the  amounts  in  the  foregoing  statement  anil  that  fur- 
nished for.  and  embraced  in  tlio  report  of  the  Secretary  of  the  Treasury,  is  explained  in  the 
fact  that  the  latter  was  compiled  before  the  books  could  be  proved.  The  present  ore  may, 
therefore,  be  relied  upon  as  correct,  and  is  so  submitted. 

RO.  TYLER, 

Register  of  the  Treasury. 
Trrascrv  Department,  Register's  Oi-vioe,  | 
January;  1863.     J 


$* 


Hollinger  Corp. 
pH8.5 


